Economic stability attracted investors from across the world to Pakistan: President
The Central Asian states have also expressed their confidence in the flagship project of China Pakistan Economic Corridor
President Mamnoon Hussain has said economic stability and improvement in law and order has attracted investors from across the world to Pakistan . He was talking to a delegation of Qatari businessmen association in Doha which expressed deep interest to invest in Pakistan . The Central Asian states have also expressed their confidence in the flagship project of China Pakistan Economic Corridor. Pakistan has a bright future and by 2050 it will be in the list of developed countries of the world. Invited the businessman community to invest in energy, basic infrastructure, Halal food and dairy farming sectors in Pakistan .
Pakistan has achieved economic stabilization due to comprehensive reforms
Talking to Managing Director of IMF Christine Lagarde in Islamabad Prime Minister has said Pakistan has achieved economic stabilization due to comprehensive reforms.The Prime Minister said that his Government’s ongoing endeavours include addressing energy shortfall at the earliest and improving the country’s infrastructure and communication networks.
Pakistan energy sector offers attractive rates of return on investment: Khawaja Asif
Talking to the media persons in Islamabad today on the sidelines of Energy Investment Conference. He said our effort is to make the country self reliant in energy, complete the China Pakistan Economic Corridor project and create job opportunities for the youth. Government is encouraging investment in power projects that use the indigenous coal. Thar coal will bring prosperity in the entire country and both local and foreign companies are showing interest in the exploitation of this rich resource.
SBP issuing ten rupee regular coin today
The State Bank of Pakistan (SBP) will issue ten rupees regular coin today. This was stated in the statement issued by State Bank of Pakistan statement. Coin will be issued through the exchange counters of all field offices of SBP Banking Services Corporation.
Telecom sector receives $ 21 million FDI in first quarter
The telecom sector has received US $ 21 million as Foreign Direct Investment (FDI) in first quarter of current fiscal year as against US $ 6.9 million in corresponding period of last year. Information Technology sector fetched US $ 3.3 million FDI in July-September 2016 as compared to 0.2 million in corresponding period of last fiscal year.
NJHP to start power generation by February 2018
The nine sixty nine megawatt Neelum Jhelum Hydropower Project (NJHP) will start power generation by February 2018. WAPDA Chairman Lt Gen (r) Muzammil Hussain said this while talking to newsmen after the connection of two portions of the left tunnel of NJHP.